How might an announced single goal of an inflation target help to achieve that objective? What would
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How might an announced single goal of an inflation target help to achieve that objective? What would be the consequences for output and unemployment? In practice, how would you characterize experience in the United States under the dual mandate?
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An announced single goal of an inflation target can help to achieve the objective in a number of ways 1 Anchoring Expectations If the central bank has ...View the full answer
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Related Book For
Financial Markets Banking And Monetary Policy
ISBN: 9781118872239
1st Edition
Authors: Thomas D. Simpson
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